BKC is 15th most costly office market in world

Bandra-Kurla Complex (BKC) has been ranked the 15th most expensive prime office market in the world (US $102 or over Rs6,400). Nariman Point was ranked 30th ($76 or Rs4,900) on the top 50 ranking. Both are up one notch from last year's rankings. The finds are part of CBRE Research's semi-annual Global Prime Office Occupancy Costs survey released on Thursday.

At nearly US$157 per sq ft per annum (Rs10,000), Delhi's Central Business District (CBD) of Connaught Place was ranked the fifth most expensive.

London's West End remained the world's costliest prime office market, while Asia continued to dominate the world's most expensive office locations, accounting for four of the top five markets.

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MCHI-THANE has always been very clear that fine housing complexes and shopping malls cannot stand in isolation. A great City is the sum total of great buildings, great infrastructure and great people. MCHI has been committed to growth of the real estate sector and is credited with the harmonious growth and rise in quality and standards of construction in Thane City in the past decade.

Its aim as an Association of Developers has been to seek rational rules and regulations which are uniformly applied across the board as this will to a great extent result in speedy construction, cost reduction, fair pricing and a push for better quality standards at par with the developed world, with a high level of transparency.

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Odyssey IT Park, Road No. 9,Wagle Estate
Thane (W) - 400 604, Maharashtra, India

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